Olav Nils Sunde owned ferry firm Color Group has recorded its best ever results.
The company logged a pre-tax profit of NOK 525m ($103m) in 2018, up from NOK 440m in 2017.
Revenues increased from NOK 4.97bn to NOK 5.14bn.
It owns and operates six trading ships and will this year take delivery of the hybrid ferry, Color Hybrid, from Ultstein Verft in Norway.
In late 2017 Color Group considered listing but shelved the plans of an initial public offering in March last year mainly due to market conditions.
Instead the Group raised NOK 700m in the bond market.
